Subject: Proposed Regulation #17j-1
Date: 12/14/98 11:25 AM
Dear Sir/Madam,
I am concerned about the huge salary and bonus paid
to the mutual funds managers whose performance has been
very dismal inspite of the strong bull market.
Perhaps they are squandering the investor's hard-earned
money into Russian funds so that the Politburo members can
buy dachas for the boar hunting and leisure.
I would like the SEC to pass the regulation so that
the compensation of the managers is disclosed and whether or
not they themselves invest in their own funds.
Regards.
Ravi Sharma
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